Shares of Iamgold Corporation (NYSE:IAG) traded today at $2.85, breaking its 52-week low. This new low was reached on below average trading volume as 1.5 million shares traded hands, while the average 30-day volume is approximately 3.9 million shares.
Iamgold Corporation share prices have moved between a 52-week high of $5.35 and the current low of $2.85 and are currently at $2.86 per share.
Based on a current price of $2.86, Iamgold Corporation is currently 55.9% above its average consensus analyst price target of $1.26.
Iamgold Corp is a mid-tier mining company with three gold mines on three continents. A solid base of strategic assets in North and South America and West Africa is complemented by development and exploration projects, and continued assessment of accretive acquisition opportunities. Its operating mines include Rosebel Gold Mine located in Suriname; Essakane Gold Mine located in Burkina Faso; Boto Gold Project located in Senegal; Cote Gold Project; and Westwood Gold Mine located in Canada.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer